Travis Foltz
Vice President
Get their honest, personalized take on your startup.
Sign in to pitch Travis →At a glance
- Full Name
- Travis Foltz
- Title
- Partner
- Firm
- Saw Mill Capital
- Firm Type
- Lower middle-market private equity firm
- Investment Stage
- Control investments in lower middle-market platform companies; add-on acquisitions for existing portfolio companies
- Check Size
- $15M-$100M equity investment per platform
- Target Company Profile
- North American entrepreneurial companies with $20M-$200M in annual revenue, $3M-$25M in EBITDA, strong industry dynamics, multiple growth paths, capacity for investment, and a management team/culture Saw Mill can back
- Sector Focus
- Industrial Services; Professional & Consumer Services; Engineered Products
- Geographic Focus
- North America for platform investments; any size and geography for add-ons to current portfolio companies
- Location
- Briarcliff Manor, New York / New York City Metropolitan Area
Background
Travis Foltz is a Partner at Saw Mill Capital, where he leads one of the firm's deal teams and is responsible for sourcing, evaluating, executing, and managing investments. Saw Mill lists him as a team lead for current portfolio companies Pro Max Fence Systems and Rasa Floors.
Foltz first joined Saw Mill Capital in 2011 and rejoined the firm in 2016. Before returning to Saw Mill, he worked at Eureka Capital, focusing on private equity investing and portfolio company management. Earlier in his career, he worked at Saw Mill on new investment activity and portfolio management, and began in investment banking at Janney Montgomery Scott.
He holds a BS in Finance from The Pennsylvania State University. A third-party work-history profile lists his progression as Investment Banking Analyst at Janney Montgomery Scott from 2008 to 2011, Senior Associate at Saw Mill from 2011 to 2014, Associate at Eureka Equity Partners from 2014 to 2016, Vice President at Saw Mill from 2016 to 2021, Principal from 2021 to 2024, and Partner beginning January 2025.
Investment Thesis & Focus
- Saw Mill Capital is not primarily a seed-stage angel investor; its public materials describe a lower middle-market private equity strategy focused on control investments.
- Platform target: companies with $20M-$200M in annual revenue and $3M-$25M in EBITDA.
- Equity investment size: $15M-$100M per platform.
- Industry focus: Industrial Services, Professional & Consumer Services, and Engineered Products.
- Saw Mill says it seeks "successful companies capable of significant growth" led by management teams looking for a partner to help the company reach its potential.
- The firm looks for growth through both organic initiatives and acquisitions, including new products/services, geographies, customers, and strategic add-ons.
- Saw Mill states: "We only seek control investments."
- Saw Mill's 2023 conference profile states: "We don't flip businesses; we build stronger businesses."
- For add-ons, Saw Mill says it considers companies of any size and geography for current portfolio companies.
Notable Investments
- Pro Max Fence Systems - Reading, Pennsylvania-based fencing and access-control contractor for non-residential markets; Saw Mill invested in 2024, and Foltz is listed as a team lead.
- Rasa Floors - Carrollton, Texas-based flooring installation provider serving repair, renovation, and new construction for the multifamily residential market; Saw Mill invested in 2021, and Foltz is listed as a team lead.
- Janus International Group - Manufacturer of corrugated steel roll-up doors and building components for self-storage, industrial, and commercial markets; Saw Mill invested in 2013 and exited in 2018.
- MeTEOR Education - Designed, supplied, and outfitted K-12 learning spaces; Saw Mill invested in 2017 and exited in 2022.
- Pine Environmental Services - Provider of rental solutions for environmental test and measurement equipment, non-destructive testing equipment, and visual inspection tools; Saw Mill invested in 2012 and exited in 2019.
- Victory Energy Operations - Designer, engineer, manufacturer, and service provider for boilers and heat-recovery equipment; Saw Mill invested in 2012 and exited in 2024.
Unlock the full research
Get how to approach them, recent activity, sources, contact links — plus pitch their AI twin for a candid read on your raise.
One-time. Stays unlocked for you.